Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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2,768 news items in Global Steel News. Show all
Global steel markets are becoming increasingly fragmented as trade barriers, overcapacity and geopolitical risks reshape trade flows, according to participants at the 95th meeting of the International Rebar Exporters…
Indian stainless steel producer Jindal Stainless and Indian Oil Corporation Ltd (IOCL) have renewed their Lubricants Vendor Managed Inventory (VMI) partnership for another five years, extending their long-standing…
South Korean special steelmaker SeAH Besteel has developed and commercialized a special steel material for flexsplines, critical components of robotic reducers that transmit motor power and enable precise movement. The…
Bulgarian steelmaker Stomana Industry, part of the SIDENOR Group, has awarded Danieli a contract to supply new rolling mill equipment at its Pernik plant. The project includes new upstream equipment to feed a Danieli…
Tenaris has invested around USD 10 mln to fully refurbish the five-layer thermal insulation line at its Onne plant in Rivers State, Nigeria. The upgraded line supported Tenaris' coating campaign for the Bonga North…
Vietnamese steelmaker Formosa Ha Tinh Steel has increased its domestic HRC prices for November-December delivery, with SAE1006 and SS400 grades now offered at around USD 546-558 per ton CIF Vietnam, depending on order…
Nippon Steel has raised domestic prices for flat steel products by JPY 5,000 (USD 32) per ton for November deliveries, according to the local media reports. The increase applies to all flat steel products for domestic…
Shyam Metalics and Energy has signed a non-binding memorandum of understanding with the Maharashtra government to establish a 9 mln tons per year greenfield integrated steel complex in Chandrapur, involving an estimated…
Indian state-owned steel producer Steel Authority of India Ltd (SAIL) achieved its best-ever April-September performance across several production, sales and efficiency parameters in the first half of FY27. SAIL…
Tata Steel has developed a hot-rolled, fire-resistant E350 structural steel designed to help buildings and engineering structures retain their structural integrity during fires. The product has been certified by the…
Russian steelmaker Severstal has acquired the production and warehouse complex of Dmitrovsky Metal Center (DMC) in Moscow Region, strengthening its pipe business and expanding distribution and processing services for…
Asian HRC markets are showing mixed conditions in early October, with mills in India and Southeast Asia maintaining firm offers while buying interest remains cautious. Chinese prices are broadly stable amid weak demand…
Vietnam's leading steelmaker Hoa Phat Group has raised its domestic HRC prices for November delivery by around USD 10 per ton month-on-month. Non-skinpass SAE1006/SS400 HRC is currently offered at around USD 555 per ton…
Zhongshou Special Steel's newly commissioned Arvedi ESP endless casting and rolling line in China has surpassed productivity and production ramp-up records for thin-slab casting and rolling plants, according to…
India's state-owned NMDC increased iron ore production by 23pct YoY to 27.27 mln tons in April-September of fiscal 2026-27, compared with 22.20 mln tons in the same period of FY26, according to an exchange filing…
South Africa has imposed definitive anti-dumping duties on corrosion-resistant steel coil from China, with duties ranging from 8.21pct to 57.84pct, following an investigation by the International Trade Administration…
Members of the Global Forum on Steel Excess Capacity (GFSEC) have reached consensus on a new Comprehensive Framework for Joint Action to address rising global steel excess capacity and its impact on steel industries…
India's new steel policy targets 600 mln tons of steelmaking capacity by 2047, up from 220 mln tons as of fiscal 2026, with plans to reduce emissions and secure supplies of key raw materials, Reuters reported on…
Japan's Nippon Steel has awarded Tenova a contract to supply a 110-ton Consteel electric arc furnace (EAF) for its Hirohata Works in Himeji, Hyogo Prefecture, Japan. Daido Steel is acting as the engineering, procurement…
Tenaris has started domestic production of its proprietary TN 95EY steel grade at its Sault Ste. Marie Industrial Centre in Ontario, Canada, targeting the needs of energy operators working in increasingly demanding oil…
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